Economic recovery of Ukraine after the war: the government named the main principles

02 May 2022, 20:59 | Economy
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The government, the Ministry of Economy, leading experts and business associations are currently working on the development of a plan for the restoration of Ukraine after the war. In addition, the public sector is also invited to form this document, the Cabinet of Ministers reports..

“The post-war reconstruction of Ukraine will be one of the largest projects since the well-known Marshall Plan. Its implementation will become the concern of the entire civilized world, because today we are fighting not only for ourselves, but also for global security,” said Yulia Sviridenko, Minister of Economy of Ukraine..

The principles on which it is planned to form a plan for the restoration of Ukraine:.

Full access to EU and G7 markets. This will help producers integrate into global trade chains and increase exports.. The UK and EU countries have already announced the abolition of import duties on Ukrainian goods. The government expects similar actions from the governments of the United States, Japan, Canada.

Candidate status and then full EU membership. The candidacy will provide Ukraine with access to the European Union structural funds, which will be a significant support.

Building the economy on the principles of deregulation and liberalization. Most licenses and permits have already adopted a declarative principle for business.

Setting up logistics routes to the west. The government is working to expand their capacity. There are already first results: an appropriate memorandum was signed between Ukraine and Poland.

Transition from export of raw materials to processing in industries that generate the largest export earnings, in particular in agriculture and metallurgy.

Development of the domestic military-industrial complex. We are talking not only about the purchase of weapons, but also production, including through the transfer of military technologies. This will allow setting up production as quickly as possible in a large assortment: from small arms to air defense equipment.. At the same time, military-tech will be a development driver for the civilian sectors of the economy.

Self-sufficiency in energy. Increasing gas production and developing nuclear energy. “In 3-5 years, it is quite realistic to obtain energy independence,” the government believes.

Climate modernization.

The creation of new facilities in various industries should take into account the principles of the "

Localization of at least 60%. Ukrainian companies and manufacturers will be involved in the renewal of Ukraine. This will give an impetus to the economy, create new jobs, and revive entrepreneurial activity..

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What should be the think tank planning the future of Ukraine, and what should not be, read in the article by Andriy Vishnevsky "




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